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The latest intrusion of Amazonia is in the world of micro-payments -- which is exactly what the Internet needs to make it a much more inhospitable, much less fun and much more depressing place. That's right, Amazon is going to make it easier for other Web sites to get money for their content. Ni...
eMusic.com, Inc. (Nasdaq: EMUS) was down 3 U.S. cents at 44 cents after the online music company reported a quarterly loss and said it expects $1 million in restructuring costs in the current quarter. "Despite the well-publicized challenges of the online music and Internet advertising markets, we c...
A research note issued by a Lehman Brothers analyst Tuesday questioning the financial stability of Amazon.com drew a sharp retort from the Seattle, Washington-based e-tailer. Lehman Brothers vice president of convertibles strategy Ravi Suria wrote that Amazon was facing "considerable downside r...
There appear to be parallels among the deceased dot-coms, including massive overspending and reckless capital management. And lest we forget, the best friend of business students: the "unique selling proposition." A USP is an idea or concept that sets a business apart from all of its competit...
There appear to be parallels among the deceased dot-coms, including massive overspending and reckless capital management. And lest we forget, the best friend of business students: the "unique selling proposition." A USP is an idea or concept that sets a business apart from all of its competit...
There appear to be parallels among the deceased dot-coms, including massive overspending and reckless capital management. And lest we forget, the best friend of business students: the "unique selling proposition." A USP is an idea or concept that sets a business apart from all of its competit...
Fashionmall.com (Nasdaq: FASH) and direct marketing and advertising firm GenesisIntermedia.com (Nasdaq: GENI) announced Wednesday that they have ended merger talks after the e-tailer's board of directors rejected a previously proposed buyout bid from Genesis. Genesis initially pitched its offer ...
Digital Island, Inc. (Nasdaq: ISLD) was up 62 U.S. cents at $5.38 in early trading Wednesday after the company said it has been awarded a new U.S. patent. According to the company, which provides providing hosting, content delivery and network services, the patent covers inventions designed to...
CNET Networks, Inc. (Nasdaq: CNET) fell US$1.12 to $14.75 early Wednesday after the online media company reported a fourth-quarter loss and lowered its outlook for the current year. The company also said it will lay off 10 percent of its workers as a result of the slump in the technology sector. AB...
Online retailer eToys said Monday it will lay off its remaining employees and wind down operations by the beginning of April, effectively closing the door on the company's chance of survival. Although eToys continues to work with Goldman Sachs to explore its options, with a theoretical sliver of a ...
More signs came Monday that the days of free online music are drawing to a close. Former digital download outlaw MP3.com (Nasdaq: MPPP) announced that it was offering a new licensing program and that it was expanding into Asia. Additionally, eMusic (Nasdaq: EMUS) said that it has partnered with...
Amazon.com, Inc. (Nasdaq: AMZN) was down 19 U.S. cents at $14.25 in morning trading Tuesday, after a Lehman Brothers bond analyst said the company could face a cash crunch later this year. Ravi Suria, vice president of convertibles strategy at Lehman, said Amazon's latest quarterly results "have on...
Providian Financial Corp., one of the largest bankcard issuers in the U.S., has taken an equity stake in Internet payment services provider PayPal in a bid to boost both firms' online and offline offerings, the companies announced Tuesday. As part of the deal, Providian will offer the Web payment f...
Computer Sciences Corp. (NYSE: CSC) was up 30 U.S. cents at $59.70 early Tuesday, even after reporting quarterly results that missed analysts' estimates. Company officials also reportedly said on a conference call with investors that results for the current quarter could be at the low end of expect...
InfoSpace, Inc. (Nasdaq: INSP) was down 66 U.S. cents at $3.59 early Tuesday after the company said it laid off 250 of its 1,200 employees, as part of a plan to cut costs and concentrate on high-growth areas. Bellevue, Washington-based InfoSpace, which provides merchant and consumer Internet inf...
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